Cango ( CANG ) announced on Wednesday that it has received a letter from the New York Stock Exchange, notifying the company that it is not in compliance with the NYSE's price criteria for continued listing standard, as the average closing price of its Class A ordinary shares was less than $1.00 per share over a consecutive 30 trading-day period. The company has six months following receipt of the notice to regain compliance with the minimum share price requirement. The company said it intends to monitor the market conditions of its listed securities and is still considering its options. Source: Press Release More on Cango Inc. Cango Inc. GAAP EPS of -$0.80 misses by $0.53, revenue of $179.45M in-line Cango produces 569 bitcoins in December Historical earnings data for Cango Inc.

Willner & Heller LLC Increases Stock Position in NVIDIA Corporation $NVDA MarketBeat

Willner & Heller LLC Increases Stock Position in NVIDIA Corporation $NVDA marketbeat.com

格隆汇4月1日｜据市场消息，哥伦比亚上调汽油和柴油基准价格。

World Equity Group Inc. Sells 16,337 Shares of NVIDIA Corporation $NVDA MarketBeat

World Equity Group Inc. Sells 16,337 Shares of NVIDIA Corporation $NVDA marketbeat.com

格隆汇4月1日｜印度石油公司2026财年原油加工量为7540万吨；合并销售石油产品1.044亿吨。

格隆汇4月1日｜德国政府发言人：(就特朗普有关考虑退出北约的言论)当然，我们仍然致力于北约联盟。

(RTTNews) - Conagra Brands, Inc. (CAG) said, for fiscal 2026, the company now expects adjusted EPS of approximately $1.70, at the low end of its $1.70 to $1.85 guidance range. The company now expects its adjusted equity earnings to be approximately $140 million for fiscal year co

格隆汇4月1日｜中共中央政治局常委、国务院总理李强3月30日至4月1日在四川调研，李强在在广汉市“天府粮仓”万亩小麦单产提升示范区走进田间察看小麦生长、水稻育秧、无人机作业，与农技专家、种粮农户交流。李强说，当前正值春耕春播，要紧抓农时做好农资供应、技术服务等工作，加大智慧农机等新技术新装备应用，高标准抓好田间管理。要发挥种粮大户带动作用，创新农业经营方式，落实好惠农政策，强化种粮收益保障。要在土地改良、良种培育等方面持续用力，加快农业生产数智化转型，持续提升粮食安全保障能力。

Trade Desk Inc. investors who stuck with the stock through a 15-month selloff that has left it down more than 80% will likely be waiting awhile for a rebound — if one ever materializes. Since the start of 2025, the advertising-technology company’s shares are by far the worst performers in the S&P 500 Index , closing Friday at their lowest level since 2020 before staging a bit of a rebound this week. The rout has wiped out over $47 billion in market value. Meanwhile, Wall Street is growing increasingly concerned about Trade Desk’s ability to compete with Amazon.com Inc. as well as signs of tensions with major customers. At least seven analysts have downgraded the stock this year. It entered 2026 with 23 of the 41 analysts tracked by Bloomberg who cover the company rating it a buy. That’s down to 19 today. “Trade Desk used to be a leading growth company in an appealing industry, but its competitive position is now under assault,” said Jed Ellerbroek , who helps oversee $4 billion as a portfolio manager at Argent Capital Management. “The story has changed, and I just don’t see how it changes back. This may not be existential, but there’s good reason to believe it will be hard for Trade Desk to escape this vortex.” The company’s issues have overshadowed a few potential positives, like Chief Executive Officer Jeffrey Terry Green ’s purchase of almost $150 million in stock last month, which is the kind of move that’s typically viewed as a sign of internal confidence. And Trade Desk reportedly has held talks to help startup OpenAI sell ads. In an emailed statement, a representative for Trade Desk said it “continues to enjoy solid growth and continues to outpace the broader digital advertising market,” and that it’s “continuing to partner with clients through joint business plans, multiyear commitments to joint innovation and growth.” It wasn’t too long ago that Trade Desk was a stock market darling, scoring back-to-back annual gains of more than 60% in both 2023 and 2024 a...

财联社4月1日讯（编辑 夏军雄） 周三，随着市场对美伊战争即将结束的希望升温，美股股指期货延续涨势，国际油价下跌，欧洲主要指数集体大涨。 （来源：英为财情） 美国总统特朗普周二在白宫对媒体表示，他预计美军将在“两到三周内”撤出伊朗，并称此举不需要达成协议。 特朗普将在北京时间周四上午9点就伊朗问题发表讲话。 伊朗总统佩泽希齐扬周二也表示，伊朗愿意结束战争，但前提是其诉求得到满足，尤其是获得不再遭受侵略的保证。 随着冲突可能很快结束的信号增多，国际基准布伦特原油期货一度在隔夜跌破100美元/桶，截至发稿，布伦特原油价格跌逾2%，报约101.5美元/桶。 市场对战争可能结束的乐观情绪推动周二美国股市大涨，三大股指创下10个月来最大单日涨幅，当天是3月最后一个交易日。 日本和韩国股市周三分别大涨5%和8%。 不过，冲突仍存在升级风险，可能扰乱市场。据媒体报道，阿联酋正准备协助美国及其盟友以武力打开霍尔木兹海峡，此举将使其成为首个直接参战的波斯湾国家。 挪威投资银行DNB Carnegie分析师指出，美国近期向中东增派部队，仍为特朗普保留了“进一步升级局势”的选项。周二，第三艘美国航母也启程前往该地区。 Metropolitan Capital Advisors联合创始人兼首席执行官Karen Finerman指出，油价仍处高位，可能暗示不确定性依然存在。 Finerman表示：“我更倾向于认为油价反映了真实情况。这波行情确实有超卖反弹的因素，但我认为其中很大一部分只是‘粉饰橱窗’（window dressing）。我们刚经历了一个非常艰难的季度，季度末效应会带来一些支撑，但我不确定这种上涨是否具有持续性。” 公司消息 【OpenAI完成1220亿美元融资，投后估值8520亿美元】 当地时间3月31日，OpenAI宣布完成最新一轮融资，募集资金达1220亿美元，投后估值达8520亿美元。OpenAI称，ChatGPT上线一年内，公司营收就达到了10亿美元。到2024年底，公司实现了每季度10亿美元的营收。如今，月营收已达20亿美元。 【马斯克：FSD 14.3版本预计将于本周末发布】 马斯克在社交平台表示，FSD 14.3版本目前已进入特斯拉员工测试阶段，预计将于本周末正式发布。 【苹果公司据报测试Siri新功能，支持一次处理多项指令】 据报道，苹果公司正在测试一项新功能，...

格隆汇4月1日｜中国地震台网正式测定：04月01日19时20分在秘鲁（南纬7.10度，西经76.15度）发生6.0级地震，震源深度110千米。

Hong Kong’s security minister has revealed that authorities are reviewing fire safety laws to expand enforcement powers and toughen penalties as part of a broader crackdown on illegal fuel sales in the city amid surging global oil prices. Secretary for Security Chris Tang Ping-keung said on Wednesday the government’s review included possible penalty increases, expanding enforcement powers for the Fire Services Department to make arrests and seize vehicles, and an examination of the legal...

Check out the companies making the biggest moves premarket: Nike — The athletic apparel stock slumped 10% after its North American revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the expected earnings of 28 cents per share and the anticipated $11.24 billion in revenue. The stock also was weighed by downgrades from JPMorgan, Bank of America and Goldman Sachs. Dave & Buster's Entertainment — Shares rose 7% after management said the company expects an increase in same-store sales, revenue and adjusted earnings before interest, taxes, depreciation and amortization during 2026. Dave & Buster's posted a fourth-quarter adjusted loss of 35 cents per share and revenue of $529.6 million. Analysts polled by FactSet had expected a profit of 39 cents per share and $555.9 million in revenue. PVH — The clothing company, which owns brands Tommy Hilfiger and Calvin Klein, added 1% after posting fourth-quarter adjusted earnings of $3.82 per share and revenue of $2.51 billion. Analysts had expected earnings of $3.31 per share and $2.43 billion in revenue, according to FactSet. RH — The home furnishings stock plunged 18%. RH said it sees full-year revenue growth ranging from 4% to 8%, missing the Street's estimate of 8.8%. Fourth-quarter adjusted earnings came in at $1.53 per share and revenue was $843 million. The LSEG consensus forecast had called for earnings of $2.22 per share and revenue of $873 million. NCino — Shares surged 22% after the cloud-based software company reported first-quarter revenue guidance of $154.5 million to $156.4 million, topping the FactSet consensus of $152.7 million. Fourth-quarter revenue also surpassed expectations, landing at $149.7 million, versus the $147.9 million analysts had anticipated. Walt Disney Company — The entertainment giant rose more than 1% after an upgrade by Raymond James, mo...

格隆汇4月1日｜伊朗军队当地时间4月1日下午发布声明表示，针对美国和以色列对伊朗实施的空袭，特别是对居民区和非军事目标的袭击，伊朗军方自今天凌晨起发射无人机展开反击行动。声明说，行动中使用了航程约2000公里的“阿拉什-2”无人机，打击目标包括：位于以色列本-古里安国际机场的美军预警机和空中加油机部署地点，以及美军部署在阿联酋的导弹和无人机探测雷达系统，还有用于应对无人机的电子战设施。声明表示，此前，伊朗军队已对地区内美军基地及美以军事目标实施打击，伊方根据情报及卫星图像评估认定“相关设施受到严重破坏”，干扰了美以相关作战行动、军机作战支援以及对导弹和无人机的拦截能力。伊朗军方表示，将继续开展相关行动。

US stocks rose in premarket trading on Wednesday as traders became more optimistic about US military operations in Iran ending soon. Futures on the S&P 500 Index rose 0.9% as of 7:38 a.m. in New York, while contracts on the Nasdaq 100 Index gained 1%. The moves build on a Tuesday rally where US equities had their best day since May. Oil prices slid. Reports surfaced this week that President Donald Trump indicated a desire to withdraw from the war soon, even without a deal to open the Strait of Hormuz. “We’ll leave because there’s no reason for us to do this,” he told reporters in the White House on Tuesday. Iran’s president also expressed openness to ending the conflict. Read More: Bearish Positioning Is Driving Stocks More Than Peace Prospects Trading desks at Wall Street’s biggest banks from Goldman Sachs Group Inc. to JPMorgan Chase & Co. suggested the sharp rise in stocks is a squeeze driven by extremely bearish positioning in equity markets going into the end of the quarter rather than a shift in investor sentiment over the war. High volatility has historically been a good entry point for stocks: the S&P 500’s three-month returns have been strongest when the Cboe Volatility Index , or VIX, sits in its top historical quintile, as it does now, according to data from Bloomberg Intelligence compiled by strategists Christopher Cain and Rahul Jain . Dating back to 2000, the S&P 500 has seen an average 4.4% forward three-month return in the top quintile, well above the 2.15% average following lower-volatility periods. In individual movers , Nike Inc. slid premarket after the sportswear company said it expects revenue for the fourth quarter to be down 2-4%, noting that its turnaround efforts are taking longer than originally planned. RH plunged after the home furnishing company forecast revenue for the first quarter that missed the average analyst estimate.

4月1日，对于2025年年报亏损扩大，北辰实业证券部工作人员回应记者，对于地产业务，最近几年公司都没有拿地。未来是否会收缩或者剥离地产业务，要以公告为准。公司比较看好会展业务，但会展业务本身也受到新会展业态入市的影响。公司也在研究未来会展业务带动地产业务转型的可能性。(中证金牛座)

格隆汇4月1日｜奥来德(688378.SH)公告称，因资金需求，公司控股股东、实际控制人、董事长、总经理轩景泉拟通过集中竞价及大宗交易方式减持不超过444.59万股，不超过公司总股本的1.70%；控股股东、实际控制人、董事、副总经理、财务负责人轩菱忆拟通过集中竞价及大宗交易方式减持不超过218.98万股，不超过公司总股本的0.84%；控股股东、实际控制人李汲璇拟通过集中竞价方式减持不超过57.58万股，不超过公司总股本的0.22%；控股股东、实际控制人的一致行动人，公司员工持股平台长春巨海投资合伙企业（有限合伙）拟通过集中竞价方式减持不超过63.13万股，不超过公司总股本的0.24%；MOONHYOUNGDON拟通过集中竞价方式减持不超过4939股，不超过公司总股本的0.00189%。本次减持将自本公告披露之日起15个交易日之后的3个月内进行。

中共中央政治局常委、国务院总理李强3月30日至4月1日在四川调研。他强调，要深入贯彻落实习近平总书记关于绿色发展和建设能源强国的重要论述，实施好能源安全新战略，坚持创新引领，发挥资源禀赋优势，持续扩大绿电供给，着力推进新型电网建设，加快能源结构调整优化，为经济社会高质量发展提供有力支撑。 李强先后来到成都市、德阳市，考察新能源开发和相关装备制造企业等。在通威全球创新研发中心，李强听取光伏技术攻关介绍，进入车间察看电池组件研制情况。他说，近年来，光伏技术的进步有效提高了太阳能利用水平。要大力支持企业探索创新，加大研发投入、努力突破关键技术瓶颈，打通各类应用场景，加快新技术规模化应用。在雅砻江流域水电开发有限公司，李强了解水风光一体化基地开发等情况，听取四川省新型电网建设汇报。他指出，新型电网建设对于保障能源安全、促进绿色发展具有重要意义。要积极探索新架构、新技术、新服务，完善网络建设，提升系统协同和调节能力，强化多元需求保障，打造安全可靠、绿色低碳、坚强韧性、智能灵活的新型电网。四川是我国重要清洁能源基地，要推动水风光氢天然气等多能互补，在清洁能源开发利用和新型电网建设方面走在前列，积极推进新型能源体系建设，同时更好带动相关产业发展。在国机重型装备集团股份有限公司和东方电气集团东方电机有限公司，李强了解企业最新科研成果，察看核电、水电等装备及核心零部件。他勉励企业瞄准科技前沿和市场需求，推动人工智能等先进技术与制造业深度融合，不断在清洁能源装备制造等领域取得新突破，更好服务我国新能源产业发展和能源转型。 李强来到岷江紫坪铺水利枢纽工程，察看紫坪铺水库库区，了解四川省水利建设等情况，随后考察了都江堰水利工程。李强说，治水是利在千秋的事业。要传承发展治水智慧，加快水利设施现代化，更好发挥防洪、灌溉、供水、发电、生态等综合功能，以治水兴水的新成效造福于民。在广汉市“天府粮仓”万亩小麦单产提升示范区，李强走进田间察看小麦生长、水稻育秧、无人机作业，与农技专家、种粮农户交流。李强说，当前正值春耕春播，要紧抓农时做好农资供应、技术服务等工作，加大智慧农机等新技术新装备应用，高标准抓好田间管理。要发挥种粮大户带动作用，创新农业经营方式，落实好惠农政策，强化种粮收益保障。要在土地改良、良种培育等方面持续用力，加快农业生产数智化转型，持续提升粮食安全保障能力。 吴政隆陪同调研。

koto_feja/E+ via Getty Images ORIC Pharmaceuticals ( ORIC ) lost ~22% in extended trading after the company reported data from a Phase 1b trial for its prostate cancer therapy rinzimetostat (ORIC-944) developed in combination with Bayer’s ( BAYRY ) androgen receptor (AR) inhibitor, Nubeqa (darolutamide). The dose optimization trial enrolled patients with metastatic castration-resistant prostate cancer (mCRPC) who had previously received abiraterone, a prostate cancer therapy marketed by J&J ( JNJ ) as Zytiga. Citing a Jan. 16 data cut, the California-based biotech said that at the recommended phase 3 dose (RP3D) of 400 mg, once-daily rinzimetostat with darolutamide continued to indicate a safety profile that would support its long-term administration. Based on radiographic progression-free survival (rPFS) data in 18 evaluable patients as of Mar. 6, the company added that those on rinzimetostat 400 mg plus darolutamide demonstrated rPFS rates of 93%, 84%, and 84% at 3, 4, and 5 months, respectively, at a median follow-up of 4.9 months. With rinzimetostat being an inhibitor of the polycomb repressive complex 2 (PRC2), ORIC noted that findings were consistent with a rival PRC2 inhibitor currently in late-stage development and better than standard-of-care treatments such as Xtandi from Pfizer ( PFE ) and Astellas ( ALPMF ). ORIC plans to begin a global Phase 3 trial in H1 2026 to evaluate 400 mg of rinzimetostat in combination with darolutamide versus the physician's choice of an AR inhibitor or chemotherapy in mCRPC patients who had previously received abiraterone. According to Wall Street analysts, ORIC’s ( ORIC ) selloff after the announcement is an overreaction. “The rinzimetostat + darolutamide phase 1b dose optimization update in mCRPC achieved our base case win scenario of clear safety differentiation," JPMorgan analyst Anupam Rama wrote, according to Bloomberg. Rama, who has an Overweight rating on ORIC, added that the negative stock reaction is "overdone." Jeff...

Eli Lilly & Co. ’s Zepbound is helping to solve one of the most intractable health challenges of our time: Obesity. Now, the drugmaker hopes to crack another significant public health problem: Sleep disorders. In a deal worth up to $7.8 billion – just shy of Lilly’s largest acquisition ever – the American drugmaker is buying Centessa Pharmaceuticals Plc , a biotech that’s developing medicines to treat narcolepsy and a variety of disorders where people have trouble staying fully alert and awake during the daytime. Research on narcoleptic dogs in the 1990s ultimately led to the discovery that many patients with the condition characterized by uncontrollable daytime sleepiness were missing a neuropeptide called orexin in their brains. It’s taken more than 25 years, but scientists now have devised drugs called orexin receptor agonists that mimic the neuropeptide, essentially creating a class of therapies that has the potential to vastly reduce most symptoms of the condition. In human trials in patients whose narcolepsy is due to a deficit of orexin, the experimental medicines have shown powerful effects treating a range of symptoms, so far with relatively few side effects. “It is akin to giving insulin to people with type 1 diabetes: You are giving back what is missing,” said Thomas Scammell , a neurologist who treats sleep disorders at Beth Israel Deaconess Medical Center in Boston. The efficacy of these drugs has created excitement that they may one day be helpful far beyond the relatively narrow confines of narcolepsy to a broad range of wakefulness disorders, he said. If the deal goes through, Lilly will be competing with other companies including Takeda Pharmaceutical Co. and Alkermes Plc to bring the new medicines to the market. Takeda is the farthest along for now. In February, its experimental drug oveporexton was accepted for priority review by the US Food and Drug Administration for type 1 narcolepsy, with a decision expected later this year. Takeda has said th...

The IOPC is investigating six Met officers, looking at the level of force and whether race was a factor.

Greg Gaynor of Fokus Waterfront/iStock via Getty Images To wrap up quite an interesting month of March for stocks and financial markets, and 11 years since I first worked in an office in downtown Austin, Texas, in the spring of 2015, today's article explores an office REIT with exposure both to the Austin and Philadelphia office markets, among other metro areas, and that is Brandywine Realty Trust ( BDN ). The stock got my attention as it was trading under $3/share as of Monday, with a dividend yield topping 12%, and its next earnings results being in late April, so this is a great time to preview the stock ahead of that earnings call. According to BDN's Seeking Alpha profile , they "own, develop, lease, and manage an urban, town center, and transit-oriented portfolio comprising 120 properties and 20.0 million square feet." My research covers 8 rating categories, with a goal of giving BDN a holistic rating score after considering both fundamental and technical analysis. Thesis Summary Based on my research, for my initial coverage today of BDN, I called this stock a hold. There are some bright spots for BDN and office property, as new leases were achieved in FY25 and portfolio expansion as well, but several other factors weigh down on this stock and hurt any bullish view for now, particularly its technical trends, high D/E, and recent downgrade from S&P Global, as well as weak competitive positioning within a similar peer group. BDN - rating worksheet (author) The above worksheet shows how each factor contributed to the overall score. Keep reading to learn more about how each of these topics impacted this REIT. Macro & Sector Trends To kick off today's discussion, from a wider angle of understanding the macroeconomic and sector environment, I gave the stock a neutral/hold score here. Considering that this REIT's portfolio has heavy exposure to two markets, Austin and metro Philadelphia, we should consider some data showing office vacancy rates being higher there than...

MSC Industrial (MSM) delivered earnings and revenue surprises of -1.95% and -1.77%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?

LVMH Posts Biggest Quarterly Drop Since Dot-Com; UBS Sees Luxury Opportunity LVMH, the owner of Louis Vuitton, Christian Dior, Fendi, Bvlgari, Moët & Chandon, and dozens of other luxury brands, just posted its worst quarter since the dot-com bust era, making it the worst-performing European luxury stock this year as demand for luxury handbags, shoes, watches, perfumes, and wines continues to soften amid an intensifying Middle East conflict. LVMH shares in Paris tumbled 28% in the first quarter, exceeding quarterly declines seen during Covid and the 2008 financial crisis, but not surpassing the 41% third-quarter decline in 2001. Peers Richemont fell 20%, and Hermès slid 25% in the quarter. "Elevated global uncertainty has generated significant investor anxiety, particularly among those who had been anticipating a long-awaited recovery in luxury demand this year. This has driven a sharp sector de-rating across luxury," UBS analyst Zuzanna Pusz wrote in a note for clients on Tuesday. Pusz said geopolitical uncertainty in the Middle East has largely driven de-rating across luxury stocks, leaving sector valuations roughly 15 percentage points below their long-term average relative to the broader market. The selloff also reflects LVMH's mounting problems: soft January guidance, greater exposure to more cash-strapped consumers, and continued weakness in its wines and spirits business, especially Hennessy. As a result, the stock now trades at a 20% discount to its peers. Pusz noted that, despite the grim outlook for luxury, she has not yet seen clear evidence of a real demand slowdown, particularly in Asia, according to recent channel checks. She added, " Against a backdrop of very negative market sentiment and depressed valuations, we think that even modest Q1 beats could be disproportionately rewarded . Fundamentally, we continue to expect sequential improvement for most companies, though selectivity remains critical. CFR and LVMH are our top picks." The Goldman Sachs bas...

(RTTNews) - Biopharmaceutical company Axsome Therapeutics, Inc. (AXSM) announced Wednesday that it has entered into an asset purchase agreement to obtain exclusive global rights to TAK-063 (balipodect), a novel, oral, potent, and selective phosphodiesterase 10A (PDE10A) inhibitor

Andrii Yalanskyi/iStock via Getty Images The tension between labor market softness and ongoing economic growth will define the bond market's path in 2026. Fund strategy Strives for returns in all phases of the economic cycle and mitigates downside risk by proactively managing duration, sector allocation and security selection Diversifies across sectors, guided by an assessment of the market environment and valuations Offers more insightful security selection, thanks to a highly collaborative culture and original, independent, forward-looking research Expense ratio Share class No waiver (gross) With waiver (net) Institutional 0.64% 0.49% A 0.89% 0.74% Click to enlarge From the fund's most recent prospectus. Net expense ratio reflects a contractual fee waiver/expense reimbursement through 08/31/2026, unless sooner terminated at the sole discretion of the fund's board. Fund performance Columbia Total Return Bond Fund Institutional Class shares returned 1.03% for the period ended December 31, 2025. The Bloomberg U.S. Aggregate Bond Index returned 1.10% for the same period. For monthly performance information, visit Financial Professionals | Columbia Threadneedle Investments US . Market overview Amid a softening market for employment, the U.S. Federal Reserve followed up September's quarter-point reduction in its benchmark overnight lending rate with equivalent cuts in October and December, leaving the fed funds target in the 3.50% to 3.75% range. In conjunction with its October meeting, the Fed announced an end to the quantitative tightening program under which it has reduced the size of its balance sheet. However, the Fed's December commentary also indicated caution with respect to additional rate cuts given lingering inflation concerns. The Treasury yield curve steepened slightly over the quarter while the 10-year Treasury yield finished essentially flat, moving from 4.16% to 4.18%. Returns were positive across the U.S. bond market for the fourth quarter. As gauged by...

RoamingPanda/iStock Editorial via Getty Images Introduction Earlier this year, I wrote about Ryman Hospitality Properties ( RHP ) and gave the company a “Buy” rating. As there hasn’t been any other coverage of the company since then, I figure it would be good for me to re-evaluate the company, especially since the company released its Q4 2025 earnings in February. Quick Recap and FY 2025 Results Ryman Hospitality Properties is a unique hospitality REIT with its focus on large-scale, group-oriented convention resort properties. Its portfolio comprises just 7 hotels, but a total of 12,364 rooms and over 3 million square feet of indoor and outdoor meeting space. 5 of its hotels rank among the top 10 largest non-gaming hotels in the country. The company’s business model acts as a moat and is difficult to replicate due to the sheer size of its hotels. This is evident in its customer retention rate of 66%. The company also has a 70% controlling interest in Opry Entertainment Group (OEG), a live entertainment company focused on country music, and owns iconic music brands and venues. 2025 was a challenging year, with macroeconomic uncertainty surrounding tariff policy, government spending, and a federal shutdown all affecting group booking behavior throughout the year. However, the company delivered exceptional results, reporting record revenue of $2.6 billion, a 10% increase over the previous year. It also reported EBITDAre of $794.7 million, above the midpoint of its 2025 guidance. Adjusted Funds From Operations (AFFO) for the year came in at $8.46/share, above the high end of 2025 guidance. The EBITDAre Entertainment segment (its controlling interest in OEG) also came in above the high end of 2025 guidance at $114.5 million. In short, the company’s 2025 results were nothing short of exemplary, delivering record revenues and beating guidance. Balance Sheet In January 2026, the company refinanced and expanded its revolving credit facility from $700 million to $850 million ...

Reviews are in for the sequel to the mega-successful Super Mario Brothers Movie, but not everyone is convinced.